The President writes a sternly worded letter to oil companies.

That'll do the trick.

The lead starts right now.

President Biden tells gas and oil companies to cut the soaring profits or else, this

is the Fed announces an historic rate hike, which will cause Americans to pay more for

houses and cars and credit card bills.

And the Committee investigating the January 6th insurrection releases new footage from

the day before the attack of a Capitol Hill tour led by a Republican congressman all

in on the big lie and one of his guests in the video is seeing taking photographs of

stairwells and hallways and tunnels and security screening posts.

Then the invasion in Ukraine hits home for some US families as two Americans go missing

while fighting alongside Ukrainian soldiers, the growing fear that these two Americans might

now be in the hands of the Russians.

Welcome to the lead up to a tap where we start today with our money leave and a major

economic news that will in the short term at least make life more expensive for many

Americans.

The Federal Reserve this afternoon doing something it is not done in nearly three decades.

They raised the interest rate by three quarters of a percentage point.

This will mean higher costs for mortgage loans and credit card bills and auto loans and

student loans.

Federal Reserve Chairman Jay Powell says the hike is necessary to cool economic growth

so as to get inflation under control but that could take weeks if not months and so many

...